Month: June 2005

Over 30% of all vessels repaired by ASRY (the Arab Ship Building and Repair Yard Co in Bahrain) over the past few years have been in the 120m to 140m category. This…

Wärtsilä has inaugurated its new, state-of-the-art production plant in Wuxi, China.The factory, Wärtsilä Propulsion (Wuxi) Co Ltd, is Wärtsilä's first wholly-owned production venture in China and is focusing on the manufacture of…

P&O announced today that it has entered into an agreement to sell its entire 25% shareholding in Royal P&O Nedlloyd NV to two financial institutions acting on behalf of AP Moeller-Maersk, at…

Norfolkline, a leading North European multimodal short sea carrier and part of the AP Moller-Maersk Group, has announced its intention to acquire Norse Merchant Ferries, the Irish Sea ro-ro/ferry operator. Should the…

Northrop Grumman?s Sperry Marine business unit is to supply and install the navigation and communication systems for the second and third Royal Caribbean Freedom-class cruise ships. Last year, Sperry supplied the systems…

The order for 12 LNG tankers for Teekay Shipping and the so-called J5 consortium of MOL, NYK, K Line, Mitsui and Iino, which we reported as "tentatively won" on 14 June, has…

COSCO Corp (Singapore) Ltd?s 51%-owned subsidiary, COSCO Shipyard Group, has secured four high value contracts totaling US$20.5 million from Greek and Middle East oil tanker owners for double hull tanker conversions.The contracts…

On 21 January HMAS Armidale, first of a class of 12 patrol boats for the Royal Australian Navy, was officially commissioned at a ceremony in Darwin, Australia.The 56.8m, all-aluminium mono-hull, built by…